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News
Commercialisation & modernisation have weakened kindred spirit in VI- Premier
LONG LOOK, Tortola, VI- Noting that commercialisation and modernisation have weakened the bonds of togetherness in the Virgin Islands, Premier and Minister of Finance Dr the Honourable Natalio D. Wheatley (R7), in his Christmas Day Message, today, December 25, 2022, has called for the rejuvenating of the Virgin Islands’ family spirit.
2023 Budget passed to tune of $412M; Now with Governor for assent
DUFF’S BOTTOM, Tortola, VI - The 2023 Budget of the Virgin Islands (VI) has been passed the tune of $412,971,110, at the Ninth Sitting of the Fourth Session of the Fourth House of Assembly on December 21, 2022.
OneMart stores in ‘every corner of VI’ shows confidence in economy– Premier
DUFF’S BOTTOM, Tortola, VI- Premier and Minister of Finance, Dr the Hon Natalio D. Wheatley (R7) has pointed to the opening of OneMart supermarkets across Tortola as a show of confidence in the Virgin Islands' economy.
Premier announces referendum on same-sex marriage in VI
ROAD TOWN, Tortola, VI– Premier and Minister of Finance, Dr the Hon Natalio D. Wheatley (R7) has announced a special referendum on the matter of same-sex marriages in the Virgin Islands (VI) to allow the local electorate to consider and decide on the question of whether same-sex marriage should be legal in the territory.
‘We don’t want to sell our soul to borrow’- Premier Wheatley
ROAD TOWN, Tortola, VI- Admitting that the Government of the Virgin Islands is strapped for cash to execute all of its plans and projects and will need to borrow at some point, Premier and Minister of Finance Dr the Honourable Natalio D. Wheatley (R7) has said it will be done in a responsible manner and not jeopardise the territory.
Another complex needed to cut down on rented spaces- Premier Wheatley
ROAD TOWN, Tortola, VI- Noting that the Government of the Virgin Islands is renting more spaces more then ever before, Premier and Minister of Finance Dr the Honourable Natalio D. Wheatley (R7) has said another complex, such as the Ralph T. O’Neal Administration Complex, needs to be built to lessen the recurrent expenditure.
Revenues from money transfers dropped in 2022 compared to 2021– Premier
ROAD TOWN, Tortola, VI – The Government of the Virgin Islands earned less from money transfer revenues in 2022 compared to 2021, according to Virgin Islands Premier and Minister of Finance, Dr the Hon Natalio D. Wheatley (R7).
No date yet for elections 2023 – Premier Dr Wheatley
ROAD TOWN, Tortola, VI – A date for elections 2023 has still not been set according to Premier and Minister of Finance, Hon Natalio D. Wheatley (R7) however, he assured that when the date is set, it will be within the constitutionally due timeline.
If locals are to benefit from economy, they must be able to fill jobs – Premier
DUFF'S BOTTOM, Tortola, VI - Virgin Islands (VI) Premier and Minister of Finance, Dr the Hon Natalio D. Wheatley (R7) says if Virgin Islanders are to truly benefit from local economy, then they must be able to benefit from the job market as well as be able to fill available jobs as production capacity increases.
VI’s 2022 end-of-year inflation rates projected at 6.4% - Premier
DUFF'S BOTTOM, Tortola, VI – As prices continue to rise and currency continues to buy fewer goods and services, the end-of-year projected inflation rate for 2022 in the Virgin Islands is now set a 6.4%, down from an 8.6% mid-year projection driven by price changes and fuel costs.
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